Bitcoin Weekly Chart Summary (as of May 6, 2025)

• Trend: Bullish, inside a rising parallel channel.
  
• Price: ~$93,767, facing resistance near $95K–$100K.
• Support Zones: 88K, $80K, $73K.
• Breakout: Confirmed from descending wedge; above major EMAs.
  
• RSI: Neutral-bullish (~57), room for upside.
  
• ADX/DMI: Positive trend, but flattening—watch for momentum shift.
  
• Volume: Declining—needs breakout confirmation with strong volume.
  
• Key Level to Watch: Close above $95K may target $110K–$120K; drop below 88K risks retracement.
  

Let me know if you'd like trade ideas or projections.